Abstract
The purpose of this paper is to examine and compare the effects of devaluation and trade liberalization policies on a monetary economy which uses quotas in contrast to an economy which uses tariffs. This is done in a general equilibrium framework. The paper also investigates the reasons for coupling liberalization policies with a devaluation.
Original language | English |
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Pages (from-to) | 197-206 |
Number of pages | 10 |
Journal | Journal of International Economics |
Volume | 11 |
Issue number | 2 |
DOIs | |
State | Published - 1 Jan 1981 |
Externally published | Yes |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics